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Franchise business opportunities with Carvel Ice Cream from The Franchise Guy

Carvel Ice Cream
Small Business Franchise Opportunity

Description

The nation's first retail ice cream franchise, Carvel enjoys an incredible following of loyal and passionate customers. Our core markets have long been the Northeast and Florida, but current expansion is bringing stores to 62 DMA's in 21 states.

All Carvel retail stores offer for sale a full line of ice cream products including soft serve ice cream, hand dipped ice cream, ice cream cakes, and ice cream novelties. All products sold in the store are made fresh in the store. Carvel has more than 535 locations nationally, with an additional 150 locations signed.

Background

Year Established: 1934
Year First Franchised: 1947
Franchised Units: 535+
Company Owned Units: 0

Financial Terms

Cash Investment: $80,000 from Non-Borrowed Funds
Total Investment: $250,000-$300,000
Minimum Net Worth: $250,000
Franchise Fee: $30,000 (Full Store) $20,000 (Express Store)
Royalty: $1.77 per liquid gallon of mix purchased
Advertising Costs: $1.57 per liquid gallon of mix purchased
Average Number of Employees: 12 (On Payroll)
Passive Ownership: No / Hands-on owners are needed who are actively involved in running their business

Support & Training Provided

Financial Assistance Provided: Not directly through Carvel - we have lending contracts nationally who can assist with financing needs.
Site Selection Assistance: Yes, through Carvel's Development Network (Real Estate Brokers) and our internal real estate department.
Lease Negotiation Assistance: Limited; prefer that franchisees engage proper legal representation for lease review and negotiation.
Co-Operative Advertising: None
Training: Extensive. Full store training currently lasts 10 days with part of the training occurring inside a Carvel franchise location in the Atlanta metro area and the remainder occurring at Carvel's "College of Ice Cream Knowledge" in Atlanta, GA.

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